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ERIA President Cites G20s Responsibility for Inclusive and Sustainable Industry 4.0

23 September 2022
Digital EconomyG20Trade

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Bali, 23 September 2022: Prof Hidetoshi Nishimura, President of the Economic Research Institute for ASEAN and East Asia (ERIA) attended the Group of Twenty (G20) Trade, Investment and Industry Ministerial Meeting (TIIMM) held on 22–23 September 2022 at Bali, Indonesia.

The meeting, co-chaired by Dr Zulkifli Hasan, Indonesia’s Minister of Trade; Dr Bahlil Lahadalia, Indonesia’s Minister of Investment; and Dr Agus Gumiwang Kartasasmita, Indonesia’s Minister of Industry, was a continuation of the 3rd TIIWG Meeting and focused on the adoption of Indonesia’s G20 Ministerial Statement. Opinions from G20 trade ministries and international organisations were carefully considered during the meeting.

Mr Koji Hachiyama, ERIA’s Chief Operating Officer, and Dr Lili Yan Ing, ERIA’s Lead Advisor for Southeast Asia Region, also attended the meeting.

Prof Nishimura asked the G20 countries to work together in the development of digital infrastructure, the improvement of enabling factors for digital trade and industrialisation, and the expansion of necessary public–private investment in sustainable activities on a much greater scale. He also underlined the importance of G20 as a strong and responsible institution, not just to follow up on or adopt what was agreed at the WTO MCs, but to develop forward-looking necessary policy guidance and directions and set targets for the development of a more digitally connected economy and to make sure that technologies are used to optimization for ‘Development for All’. To make a greater contribution to the ‘Development for All’, ERIA’s Digital Innovation and Sustainable Economy will be established, to offer pragmatic solution in a more digitally connected economy.

He also shared ERIA progress and efforts in developing Comprehensive Asia Development Plan or CADP 3.0 and most recent analysis on Robots and AI by Dr Lili Yan Ing to mainstream inclusive and sustainable digitally connected societies and economies.

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